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Biden to Pledge $4 Billion to Vaccine Program for Poorer Nations

  • Contribution reverses position of Trump, who rejected Covax
  • U.S. to give $2 billion immediately and rest under conditions
President Joe Biden 

President Joe Biden 

Photographer: Pete Marovich/The New York Times/Bloomberg

The U.S. will contribute as much as $4 billion to Covax, the global effort to fund vaccinations in lower-income countries, but doesn’t plan on shipping any of its own vaccines abroad until the nation’s own demand has been met, officials familiar with the matter said.

President Joe Biden will announce during a Group of Seven call on Friday that the U.S. will commit $2 billion immediately to the program and pledge another $2 billion with conditions designed to spur contributions from other countries, said the officials, who spoke to reporters on condition of anonymity.